JUST IN: CBN auctions $876m to 26 banks, disqualifies six

Punchng | 08-08-2024 05:55am |

The Central Bank of Nigeria has auctioned a total sum of $876.26m to 26 qualified banks, who participated in the latest Retail Dutch Auction System undertaken by the apex bank. The auction process conducted on Tuesday, August 6, 2024, aimed to enhance FX liquidity in the market, alleviate demand pressure, and support price discovery in Read More

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